Shrek 5, titled 'Shrek 5eva After' or 'Shrek 5,' is set for release on July 1, 2026, with Mike Myers, Eddie Murphy, and Cameron Diaz reprising their iconic roles. The film, directed by Walt Dohrn, marks the return of the beloved animated ogre franchise after a 12-year hiatus. Alongside 'Shrek 5,' there are hints of a potential standalone Donkey movie, as Eddie Murphy mentioned plans for both projects. DreamWorks Animation's announcement has generated excitement among fans eagerly awaiting the return of the classic characters to the big screen, with the movie celebrating the 25th anniversary of the original Shrek release in 2001.